Hoped

A unit of Royal Dutch Shell plc has inked a milestone agreement with Chinese officials to use its technical know-how to develop shale gas in a first-ever production sharing contract (PSC).

ExxonMobil Corp. did what every energy company hoped to do last year: replace more than 100% of its oil and natural production, the company said Friday.

ExxonMobil Corp. has done what every energy company hoped to do last year: replace more than 100% of its oil and natural production.

CIG had hoped that announcing plans late last week to implement a Strained Operating Condition (SOC) notice Tuesday (see Daily GPI, Nov. 16) would enhance its anticipated limited ability to handle imbalances caused by variations between scheduled receipts/deliveries and actual gas flow, as well as any related excess injections into storage. But, the pipeline said late Monday afternoon, “Since that posting, CIG’s storage injection situation has not improved and inventory levels continue to approach operational limits.” Thus it will change the SOC notice to a full-fledged OFO effective with the start of Wednesday’s gas day until further notice. Under the OFO, “shippers should anticipate that CIG will require all transportation transactions to be in balance between receipts and deliveries, and all shippers should maintain close contact with their suppliers and markets.” Shippers also were asked to ensure that CIG has up-to-date contact names and phone numbers for their accounts. See the bulletin board for further details.

CIG had hoped that announcing plans late last week to implement a Strained Operating Condition (SOC) notice Tuesday (see Daily GPI, Nov. 16) would enhance its anticipated limited ability to handle imbalances caused by variations between scheduled receipts/deliveries and actual gas flow, as well as any related excess injections into storage. But, the pipeline said late Monday afternoon, “Since that posting, CIG’s storage injection situation has not improved and inventory levels continue to approach operational limits.” Thus it will change the SOC notice to a full-fledged OFO effective with the start of Wednesday’s gas day until further notice. Under the OFO, “shippers should anticipate that CIG will require all transportation transactions to be in balance between receipts and deliveries, and all shippers should maintain close contact with their suppliers and markets.” Shippers also were asked to ensure that CIG has up-to-date contact names and phone numbers for their accounts. See the bulletin board for further details.

A pig is stuck in the 527A-700 Line due to a plug that formed in the line, Tennessee said Monday. It had hoped to work the pig free by last Friday. The plug must be dissolved and removed before the line can return to service; the outage is expected to last seven to 14 days. Until the pig is recovered, physical flow at the South Pass 57A, South Pass 77A and West Delta 109 meters offshore Louisiana has been suspended.

Pennsylvania regulators have said Philadelphia Gas Works (PGW) can retain 60% of the $17.58 million in over-collections that the utility had hoped to use to keep its debt-ridden operations afloat during the first month of the New Year.

Pennsylvania regulators have said Philadelphia Gas Works (PGW) can retain 60% of the $17.58 million in over-collections that the utility had hoped to use to keep its debt-ridden operations afloat during the first month of the New Year.

California Public Utilities Commission (CPUC) regulators met last Tuesday for what they hoped would be their last meeting of this tumultuous year, hammering out a new investigation of Enron affiliates operating in the state and taking a few other actions, but leaving much of its big issues for consideration in the first meetings in the New Year.